Are you experiencing debt that has been increasing lately? Are you tired of trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because already tried everything.
In most cases, the best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they are able to help or put you in more debt.
According to their customers, they can assist you in managing 80% of your debt , so you can finally take a few things off of your shoulders.
However, for certain people the claims seem too good to be true.
You might be looking for something that will help you resolve your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt works and what problems it could help solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before starting the review, you can check out this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Tax Debt Relief Charlotte Nc
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. However, they also offer additional services to aid you in becoming more financially stable.
First of all, it begins with requesting a free savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about your options towards debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an idea of your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration if you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement plan, CuraDebt can be the agency to handle all of your creditor’s calls. They’ll be the ones who determine what you will pay for your payment depending on the condition of your finances. Based on what works most effectively to you, this can be a lump-sum settlement or an installment plan.
Additionally, they will be working with creditors to ensure that you get better rates when you make deposits to your savings account, which is then processed to pay back creditors. Their plans can help you get rid of debt in just the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to pass their requirements first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills credit cards, as well as loans. They can also be approached to help settle any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts also dismissed.
CuraDebt lets you repay debt for less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of their plan is that you’ll only be charged after your debt has been settled. All you need to do is sign up with one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records, they will also collect all the necessary paperwork for tax returns.
Through this program, you will be able to solve different types of taxes such as garnishments on wages and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing and is dependent on the amount you need to settle.
They offer different options when it comes to the settlement of the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t cater to all types of debt settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to help you if the debt or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any issues. Additionally, this service is accessible to all 50 states in the event that you owe money towards the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve your medical debt. In some cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students in negotiating any loans they have to pay.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they do not charge high charges either. On average, you’ll have to pay between 20 and 20% of the debt you settled with them.
On average, this type of industry charges from 15% to 25 percent.
In addition, customers can expect to settle their debt from two to four years. However, this also varies in relation to the amount you can save up per month.
Also, they claim that you could save as much as 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on your situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. Additionally they charge only an amount of 20%, while many companies charge 25%.
If you’re finished by the program for debt relief, you could enroll in their credit restoration program.
It’s a fantastic method to improve the credit rating without having to go in debt again. The program is however designed different for every person according to your personal situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations by creditors with the assistance of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with your credit card. So if you’re trying to build a better standing on credit scores, you might cause you to delay finishing your debt.
CureDebt does not have a mobile app available. Although they have a website for clients but it’s outdated and basic. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on those types of services. Additionally, their 20% service fee is lower than many businesses that charge an additional 25% charge. There are no upfront payments and you’ll only be required to pay once the debt is settled.
While they’ll provide you with an account that allows you to track your progress, their website is not user-friendly. CuraDebt does not have an app yet, which will make it easier to monitor your performance.
They do have a competent support staff, and you can reach them not just via email but by phone or by submitting an e-ticket. Tax Debt Relief Charlotte Nc
If the credit card is a major problem, then we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Tax Debt Relief Charlotte Nc
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt has a tax relief program that will assist you with issues such as late payroll tax issues and garnishments on wages.
What should I do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce the amount of debt you have over time.